Bariatric Surgery Market to Grow by 2033
According to FutureWise analysis the market for bariatric surgery in 2023 is US$ 1.88 billion, and is expected to reach US$ 3.18 billion by 2031 at a CAGR of 6.80%.
The global bariatric surgery market is on an upward trajectory, currently valued at around $1.88 billion in 2023 and projected to reach approximately $3.18 billion by 2031. This impressive growth, at a compound annual growth rate (CAGR) of 6.8%, is largely fuelled by the alarming rise in obesity rates and associated health conditions like type 2 diabetes and cardiovascular diseases. As more individuals seek effective solutions for sustainable weight loss, the demand for surgical options is intensifying. It's not just about the numbers, though; cutting-edge advancements in technology, particularly in minimally invasive procedures such as sleeve gastrectomy and gastric bypass, are transforming the landscape of bariatric surgery. Additionally, increasing insurance coverage and heightened public awareness are contributing to this momentum. North America and Europe currently dominate the market, but keep an eye on the Asia-Pacific region—it’s set for rapid growth as healthcare infrastructure expands and obesity rates climb. The future of bariatric surgery is bright, promising innovative solutions for those on their journey to better health!
FutureWise Market Research has instantiated a report that provides an intricate analysis of Bariatric Surgery Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
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Bariatric Surgery Market Segmentation:
By Device
- Assisting Devices
- Suturing Device
- Closure Device
- Stapling Device
- Trocars
- Others
- Implantable Devices
- Gastric Bands
- Electrical Stimulation Devices
- Gastric Balloon Systems
- Gastric Emptying Systems
By Procedure
- Adjustable Gastric Band
- Gastric Sleeve Surgery
- Gastric Bypass
- Biliopancreatic Diversion with Duodenal Switch
By Surgery
- Invasive Surgery
- Non-Invasive Surgery
By End User
- Bariatric Surgery Clinics
- Hospital
- Ambulatory Surgical Centers
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Competitive Landscape in the Bariatric Surgery Market:
- Ethicon, LLC.(Johnson and Johnson
- Medtronic Plc.
- B.Braun Melsungen AG
- Olympus
- Allergan Inc.
- Intuitive Surgical, Inc.
- Cook Medical
- CONMED Corporation
- Apollo Endosurgery, Inc.
- Cousin Biotech
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**Objectives of this Study: **
- To provide a comprehensive analysis of the Bariatric Surgery Market By Device, By Procedure, By Surgery, By End User and By Region.
- To offer detailed insights into factors such as drivers, restraints, trends, and opportunities, as well as segmental and regional influences on market growth.
- To evaluate current market trends and forecast micro-markets, presenting overall market projections in the form of data sets and PowerPoint presentations.
- To predict the market size in key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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